I create invoices in USD (GST Free Exports), which are immediately converted to AUD. To handle currency fluctuations, I file those AUD receipts against Accounts Receivable with the USD “Currency amount” set to match the original invoice. So far so good, and much easier than trying to square things up exactly with exchange rates.
I noticed that the report for Business Activity Statement (G1 Total Sales) is incorrect - even on a cash basis it ignores the precise AUD values that I received, and instead converts the USD values of the invoices based on whatever exchange rate was programmed into Manager for that date. Invariably this is not quite right.
Am I using the tool wrong or is this a bug? 